U.S. budget carrier Southwest Airlines' fourth-quarter profit surpassed Wall Street estimates on Thursday, helped by robust travel demand and improved airfares.
Delta, United, American and Southwest generated about $8 billion in profit on $200 billion in revenue last year, but the airlines all lost money flying passengers.
WallStreet expects a year-over-year increase in earnings on higher revenues when SouthwestAirlines (LUV) reports results for the quarter ended December 2024. While this widely-known ...